Captrust is an American
investment advisory company based in
Raleigh, North Carolina
Raleigh (; ) is the capital city of the state of North Carolina and the List of North Carolina county seats, seat of Wake County, North Carolina, Wake County in the United States. It is the List of municipalities in North Carolina, second-most ...
. , it had roughly $100 billion of
assets under management and $750 billion of
assets under advisement.
, it employed around 1,300 people and had
acquired 69 companies since 2006. In 2020, private equity firm
GTCR
GTCR LLC is a Chicago, Illinois-based private equity firm focused on leveraged buyout, leveraged recapitalization, growth capital and rollup transactions. The firm principally invests in high-growth industries, including financial services & tec ...
purchased 25% of the company at a price implying a total value of $1.25 billion.
Captrust originated in the 1990s within
Interstate/Johnson Lane as a Fielding Miller and David Perkins project. In 2002,
Wachovia, which had acquired Interstate/Johnson Lane, spun it out.
References
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Private equity firms of the United States
Investment management companies of the United States